AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
MCX flags off futures trade in wheat, rice
THE Multi-Commodities Exchange of India (MCX) has commenced futures trading in wheat and rice from September 2 with significant participation from its members. About 22,800 tonnes of wheat worth Rs 1,806.26 lakh was traded in three ...
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AQUACULTURE
45 seafood exporters get safe processing certification
THE Marine Products Export Development Authority (MPEDA) has issued Hazard Analysis and Critical Control Point (HACCP) compliance certificates to 45 companies in the country. HACCP certification is issued for safe and sanitary processing of ...
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POWER
Big power demand for paddy irrigation puts Haryana in a fix
WHILE the closure of a number of plants in the northern grid has reduced the generation of electricity by 2,700 MW, the increased demand for power for paddy irrigation has put Haryana in a difficult position. The shortage is to such an extent ...
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RUBBER
Rubber flat on scattered trade
PHYSICAL rubber prices continued to rule flat on Wednesday. Scattered buying and selling failed to initiate any significant price movements. The futures market weakened. September delivery was quoted at Rs 54.40 (Rs 54.76), October at Rs ...
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SUGAR
Sugar mills begin importing rectified spirit, molasses
DRIVEN by the shortage of sugarcane and molasses, sugar mills in Andhra Pradesh, Maharashtra and Uttar Pradesh are importing rectified spirit and molasses to meet the raw material requirement for their distilleries. The sugar mills are hoping ...
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Sweet deal
Sugarcanes from Coimbatore and Madurai are being sold on National Highway 47 at Angamaly. Though the harvesting season is yet to begin, sugarcanes have made their appearance in the State. A single cane costs Rs ...
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TEA
Co-op tea units in TN facing rough weather
CO-OPERATIVE tea factories in Tamil Nadu appear to be in dire straits, according to an industry expert. "More and more factories are becoming defunct. This is mainly because of the lack of growers' participation. With bureaucrats who do not ...
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GOLD & SILVER
Gold, savings and P&P sector — Foolish governments, smart women
With the government unable to provide social security to all its citizens, most self-employed groups face a huge challenge of protecting their future. They have turned to gold the most liquid, portable, and easy to transfer asset. R. Vaidyanathan says the self-employed must mount pressure on the government to understand the role of gold. It is not the Indian woman who is naive, but the government that is insensitive to the emerging old-age security crisis.
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INDUSTRY ASSOCIATIONS
New UPASI office-bearers
COIMBATORE: Mr Anil Kumar Bhandari has assumed office as the President of UPASI, while Mr E.B. Sethna has taken over as its Vice-President. Mr Bhandari is a coffee planter from Kodagu District in Karnataka. Mr Sethna is Director, ...
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AGRICULTURAL INSTITUTIONS
Nabard releases Rs 5.19 cr for Kerala
SPICES & CONDIMENTS
Spices Board hopes to exceed export target by 40 per cent
THE Spices Board is confident of surpassing the export target by 40 per cent both in quantity and value this fiscal, the Spice Board Chairman, Mr. C.J. Jose, has said. He, however, conceded that most value additions were not high end in nature. ...
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Spices Board to focus more on vanilla
AMONG all plantation commodities, vanilla stole the limelight at UPASI's annual conference this year. Even the Spices Board Chairman, Mr C.J. Jose, affirmed that the board's major focus has since turned to this cash-rich crop. With the ...
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